Gold, Silver, Copper, Crude Updates Today 09 Oct 2012

• Precious metals (Gold and Silver) are trading higher on MCX today. We expect prices to trade higher on account of persistent worries about the euro zone debt crisis and global growth. 

• Industrial/Base metals are trading marginally higher on International bourses today. We expect prices to trade higher for the day on account of hopes for a stimulus package from China. 

• Crude oil is trading higher on MCX today. We expect prices to trade higher for the day on account of escalating geopolitical risks offset pressure from global economic concerns.